The stakeholders in the company typically define the rules and regulations of business conduct that may affect their standing in the community and the quality of the products they produce. The owners, stockholders, and the upper management are typically involved in conducting the affairs of the company, which can also be managed through various strategic plans in an effort to reduce corruption and unethical practices. In this manner, one strategic plan to include as many risk factors as possible is found in the integrity continuity plan to help identify and prevent major ethical breaches: In today’s legal climate, it is imperative that companies carefully assess the integrity risks that are unique in their business, organizational culture, performance reward systems, codes of ethics, compliance training, and employee developmental programs (Chandler, 2014, p.107). In this strategic plan, the entire systems operations of the company can help to notify the stakeholders of the ethical challenges that they face and now to prevent them in the future. The integrity continuity plan can help to defer the unexpected ethical and social aspects of a company in regards to maintaining community relations and a healthy public image for the corporation. The first example of an unethical business practice for a corporation would be the production of unhealthy food products as a form of cost-cutting practice for a fast food chain. In this scenario, the fictional fast food company purchased hamburger meat that has not passed the regulatory health standards of meat products of the local governmental food board. This unethical act defines an unethical act that could put public health in danger to due to contamination of the meat. Although the owner and the upper management are aware of the meat’s high quality, it would be a socially irresponsible act to not have the meat inspected by the regulators. In this case, an integrity continuity plan would evaluate other meat sellers on the market, which could bring the same quality product and avoid legal and ethical consequences for selling unregulated meat products at a slightly cheaper price. For instance, the management could evaluate the marketplace for meat products and find an ethically regulated meat source that is not only cheaper, but also safe for the general public to consume. A holistic analysis of the ethical codes of business practice and evaluating marketplace variables defines the importance of an integrity continuity plan for strategic purposes to avoid law suits and ethical issues that debase the quality of the product being sold at the fast food franchise. Therefore, a comprehensive ethical evaluation of meat purchases through stakeholder interaction can save the company public humiliation and serious legal and law enforcement problems if these aspects of ethical integrity are followed as a strategic plan in the organization. Finally, the second scenario involving social responsibility and ethics for the stakeholders is to evaluate the hiring practice involved in the leadership of the company. In staying with the fictional fast food company, an integrity continuity analysis could provide
The stakeholders in the company typically define the rules and regulations of business conduct that may affect their standing in the community and the quality of the products they produce. The owners, stockholders, and the upper management are typically involved in conducting the affairs of the company, which can also be managed through various strategic plans in an effort to reduce corruption and unethical practices. In this manner, one strategic plan to include as many risk factors as possible is found in the integrity continuity plan to help identify and prevent major ethical breaches: In today’s legal climate, it is imperative that companies carefully assess the integrity risks that are unique in their business, organizational culture, performance reward systems, codes of ethics, compliance training, and employee developmental programs (Chandler, 2014, p.107). In this strategic plan, the entire systems operations of the company can help to notify the stakeholders of the ethical challenges that they face and now to prevent them in the future. The integrity continuity plan can help to defer the unexpected ethical and social aspects of a company in regards to maintaining community relations and a healthy public image for the corporation. The first example of an unethical business practice for a corporation would be the production of unhealthy food products as a form of cost-cutting practice for a fast food chain. In this scenario, the fictional fast food company purchased hamburger meat that has not passed the regulatory health standards of meat products of the local governmental food board. This unethical act defines an unethical act that could put public health in danger to due to contamination of the meat. Although the owner and the upper management are aware of the meat’s high quality, it would be a socially irresponsible act to not have the meat inspected by the regulators. In this case, an integrity continuity plan would evaluate other meat sellers on the market, which could bring the same quality product and avoid legal and ethical consequences for selling unregulated meat products at a slightly cheaper price. For instance, the management could evaluate the marketplace for meat products and find an ethically regulated meat source that is not only cheaper, but also safe for the general public to consume. A holistic analysis of the ethical codes of business practice and evaluating marketplace variables defines the importance of an integrity continuity plan for strategic purposes to avoid law suits and ethical issues that debase the quality of the product being sold at the fast food franchise. Therefore, a comprehensive ethical evaluation of meat purchases through stakeholder interaction can save the company public humiliation and serious legal and law enforcement problems if these aspects of ethical integrity are followed as a strategic plan in the organization. Finally, the second scenario involving social responsibility and ethics for the stakeholders is to evaluate the hiring practice involved in the leadership of the company. In staying with the fictional fast food company, an integrity continuity analysis could provide